Midday update for NZDUSD 22-12-2016

Economies.com
2016-12-22 11:35AM UTC

The NZDUSD pair shows sideways and tight range trading since morning, keeping its stability below 0.6915 level, which keeps the bearish trend scenario valid and active until now, waiting for targeting 0.6780 level as a next main station, reminding you that holding below 0.6970 represents the most important condition for the expected decline.

 

Expected trading range for today is between 0.6780 support and 0.6970

 

Expected trend for today: Bearish

 

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